What is Gym Ball Market?
A gym ball, also known as an exercise ball, is a ball constructed of soft elastic, typically in 5 diameters of 10-centimeter increments, from 35 centimeters (14 inches) to 85 centimeters (34 inches), and filled with air. These balls are used to strengthen and stretch the body, improving core stability and balance. It provides amazing benefits to users such as back and spine health, core stability, better posture and muscle balance. The factors such as Increased Awareness among Consumers about the Health Benefits of Exercise, Rise in the Number of Gyms and Fitness Centres and Increased Disposable Income of the People are the key drivers for the global Gym Ball market.
The market study is being classified by Type (Stability Balls, Mini Balls and Medicine Balls), by Application (Gym, Home Use and Others) and major geographies with country level break-up.
Sivan Health (United States), BOSU (United States), STOTT Pilates (Canada), Thera-Band (United States) and SmarterLife Products LLC (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Gym Ball market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Gym Ball market by Type, Application and Region.
On the basis of geography, the market of Gym Ball has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Awareness among Consumers about Health Benefits of the Exercise
- Rise in the Number of Gyms and Fitness Centres
- Increased Disposable Income of the People
Market Trend
- Increasing Demand from Online Customers
Restraints
- Less Awareness about Use of Gym Balls among People
Opportunities
- Growth in the E-commerce Industry Worldwide
- Increasing Government Initiatives for Creating Fitness Awareness
Challenges
- Availability of Low Quality Products in the Market
Key Target Audience
Gym Ball Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users